NSEI:TAJGVK

Stock Analysis Report

TAJGVK Hotels & Resorts

Executive Summary

TAJGVK Hotels & Resorts Limited owns, operates, and manages hotels, palaces, and resorts under the Taj brand name in India.

Snowflake

Fundamentals

Acceptable track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has TAJGVK Hotels & Resorts's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.9%

TAJGVK

2.6%

IN Hospitality

3.3%

IN Market


1 Year Return

-2.6%

TAJGVK

-5.8%

IN Hospitality

7.1%

IN Market

Return vs Industry: TAJGVK exceeded the Indian Hospitality industry which returned -5.8% over the past year.

Return vs Market: TAJGVK underperformed the Indian Market which returned 7.1% over the past year.


Shareholder returns

TAJGVKIndustryMarket
7 Day-2.9%2.6%3.3%
30 Day-0.6%-0.4%2.9%
90 Day-10.3%-1.0%3.1%
1 Year-2.3%-2.6%-5.4%-5.8%9.4%7.1%
3 Year27.5%26.4%17.9%14.7%22.7%16.4%
5 Year57.5%55.7%50.7%45.6%44.0%30.4%

Price Volatility Vs. Market

How volatile is TAJGVK Hotels & Resorts's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TAJGVK Hotels & Resorts undervalued compared to its fair value and its price relative to the market?

34.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TAJGVK (₹161) is trading above our estimate of fair value (₹95.02)

Significantly Below Fair Value: TAJGVK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TAJGVK is poor value based on its PE Ratio (34.7x) compared to the Hospitality industry average (19.6x).

PE vs Market: TAJGVK is poor value based on its PE Ratio (34.7x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TAJGVK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TAJGVK is overvalued based on its PB Ratio (2.6x) compared to the IN Hospitality industry average (1.2x).


Next Steps

Future Growth

How is TAJGVK Hotels & Resorts forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TAJGVK's forecast earnings growth (6.2% per year) is below the savings rate (7.6%).

Earnings vs Market: TAJGVK's earnings (6.2% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: TAJGVK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TAJGVK's revenue (8.2% per year) is forecast to grow slower than the Indian market (11.3% per year).

High Growth Revenue: TAJGVK's revenue (8.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TAJGVK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has TAJGVK Hotels & Resorts performed over the past 5 years?

56.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TAJGVK's earnings have grown significantly by 56.8% per year over the past 5 years.

Accelerating Growth: TAJGVK's earnings growth over the past year (20.7%) is below its 5-year average (56.8% per year).

Earnings vs Industry: TAJGVK earnings growth over the past year (20.7%) underperformed the Hospitality industry 20.7%.


Return on Equity

High ROE: TAJGVK's Return on Equity (7.4%) is considered low.


Return on Assets

ROA vs Industry: TAJGVK has a higher Return on Assets than the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: TAJGVK has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is TAJGVK Hotels & Resorts's financial position?


Financial Position Analysis

Short Term Liabilities: TAJGVK's short term assets (₹426.2M) do not cover its short term liabilities (₹932.0M)

Long Term Liabilities: TAJGVK's short term assets (426.2M) do not cover its long term liabilities (2.3B)


Debt to Equity History and Analysis

Debt Level: TAJGVK's debt to equity ratio (50.2%) is considered high

Reducing Debt: TAJGVK's debt to equity ratio has reduced from 66.6% to 50.2% over the past 5 years.

Debt Coverage: TAJGVK's debt is well covered by operating cash flow (29.9%).

Interest Coverage: TAJGVK's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet

Inventory Level: TAJGVK has a high level of physical assets or inventory.

Debt Coverage by Assets: TAJGVK's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is TAJGVK Hotels & Resorts's current dividend yield, its reliability and sustainability?

0.37%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%0.6%markettop25%2.4%industryaverage0.5%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TAJGVK's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: TAJGVK's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).

Stable Dividend: TAJGVK's dividend payments have been volatile in the past 10 years.

Growing Dividend: TAJGVK's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.9%), TAJGVK's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

  • Explore strong dividend paying companies in the Consumer Services industry.

Management

What is the CEO of TAJGVK Hotels & Resorts's salary, the management and board of directors tenure and is there insider trading?

10.3yrs

Average board tenure


CEO

G. Indira Reddy (75yo)

0yrs

Tenure

₹36,508,000

Compensation

Mrs. G. Indira Krishna Reddy, B.Sc. has been Managing Director of TAJGVK Hotels & Resorts Limited since April 25, 2010 and served as it's Chief Executive Officer. Mrs. Reddy serves as Vice Chairperson of N ...


CEO Compensation Analysis

Compensation vs. Market: G. Indira's total compensation ($USD514.99K) is about average for companies of similar size in the Indian market ($USD33.77K).

Compensation vs Earnings: G. Indira's compensation has been consistent with company performance over the past year.


Board Age and Tenure

10.3yrs

Average Tenure

73yo

Average Age

Experienced Board: TAJGVK's board of directors are seasoned and experienced ( 10.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • G. Indira Reddy (75yo)

    MD & Director

    • Tenure: 0yrs
    • Compensation: ₹36.51m
  • Shalini Bhupal (56yo)

    Joint MD & Executive Director

    • Tenure: 10.3yrs
    • Compensation: ₹20.78m
  • J. Murthy

    CFO, Compliance Officer & Company Secretary

    • Tenure: 5yrs
    • Compensation: ₹9.73m
  • Mala Paropkari

    Vice President of Investor Relations

    • Tenure: 0yrs

Board Members

  • Kotireddy Reddy (82yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: ₹205.00k
  • Devarayapuram Karthikeyan (80yo)

    Non-Executive Independent Director

    • Tenure: 18.5yrs
    • Compensation: ₹175.00k
  • G. Indira Reddy (75yo)

    MD & Director

    • Tenure: 0yrs
    • Compensation: ₹36.51m
  • Gunapati Venkata Reddy (55yo)

    Non-Executive Director

    • Tenure: 24.8yrs
    • Compensation: ₹100.00k
  • Gunapati Venkata Reddy (82yo)

    Non-Executive Chairman

    • Tenure: 14.5yrs
    • Compensation: ₹125.00k
  • N. Anil Reddy (60yo)

    Independent Non-Executive Director

    • Tenure: 0.4yrs
    • Compensation: ₹40.00k
  • Shalini Bhupal (56yo)

    Joint MD & Executive Director

    • Tenure: 10.3yrs
    • Compensation: ₹20.78m
  • Ch. G. Murthy (88yo)

    Independent Non-Executive Director

    • Tenure: 7.5yrs
    • Compensation: ₹195.00k
  • Mandavilli Bhaskara Rao (71yo)

    Non-Executive Independent Director

    • Tenure: 10yrs
    • Compensation: ₹205.00k
  • Krishna Bhupal (36yo)

    Non-Executive Non-Independent Director

    • Tenure: 10yrs
    • Compensation: ₹185.00k

Company Information

TAJGVK Hotels & Resorts Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TAJGVK Hotels & Resorts Limited
  • Ticker: TAJGVK
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: ₹10.111b
  • Shares outstanding: 62.70m
  • Website: https://www.tajgvk.in

Number of Employees


Location

  • TAJGVK Hotels & Resorts Limited
  • Taj Krishna
  • Road No 1
  • Hyderabad
  • Andhra Pradesh
  • 500034
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532390BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2000
TAJGVKNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2000

Biography

TAJGVK Hotels & Resorts Limited owns, operates, and manages hotels, palaces, and resorts under the Taj brand name in India. It operates Taj Krishna, Taj Banjara, Taj Deccan, and Vivanta by Taj in Hyderabad ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:50
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.